Boost for Emirates Group as net profit tops $1 billion

Emirates Airline posted 2009 fiscal year net profits of AED 3.5 billion, or $954 million, up from AED 982 million a year earlier, Zawya reported Wednesday. The balance of net profits was posted by Dnata to give Emirates Group a full year profit for 2009-2010 of $1.1 billion.

The airline posted a 20 percent rise in passenger numbers on the year, the report added.